Home Values

94085 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$766,900

  • 17.5% 1-year change
  • 6.4% 1-year forecast

The median home value in 94085 is $766,900. 94085 home values have gone up 17.5% over the past year and Zillow predicts they will rise 6.4% within the next year. The median list price per square foot in 94085 is $491, which is lower than the Sunnyvale average of $607. The median price of homes currently listed in 94085 is $848,000 while the median price of homes that sold is $868,000.

Foreclosures will be a factor impacting home values in the next several years. In 94085 1.9 homes are foreclosed (per 10,000). This is greater than the Sunnyvale value of 0.9 and also lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 94085 is 1.6%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 94085 homeowners underwater on their mortgage is 3.6%, which is higher than Sunnyvale at 2.4%.

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Relative ZHVI
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94085 Market Overview

Data through Jan 31, 2015
  • $766,900 ZHVI
  • 6.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $848,000 Median listing price
  • $868,000 Median sale price (Dec 31, 2014)
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94085 Market Health

Data through Jan 31, 2015
  • 9.8/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 3.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.9 homes 94085
0.9 homes Sunnyvale
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
94040 $1,577,800
94087 $1,463,600
94041 $1,276,900
Name Median ZHVI
94086 $1,029,200
94043 $945,200
95051 $891,100
Name Median ZHVI
95054 $840,800
95050 $793,800
94089 $772,700

Listings & Sales

Data through Jan 31, 2015
  • $491 Median list price / sq ft
  • $602 Median sale price / sq ft (Dec 31, 2014)
  • No data Listings with price cut
8.1%
Sold below listing
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94085 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $2,981 94085
    $3,614 Sunnyvale
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $2.94 Rent list price / sq ft
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